I have corrected the few minor mistakes in my last article namely “Sinopharm has good profit growth prospect”. This is my revised version.
Since I have cashed out from the Malaysian stock market, I have been searching for stocks with good profit growth prospect to buy. I found Sinopharm’s sister company produces vaccines. Sinopharm is listed in the Hong Kong Stock Exchange. It is selling at PE 8. You can see Sinopharm price chart below.
This reminds me of my venture in the Hong Kong stock market in 1984. Let me tell you about the 2 opium wars.
Short history of the 2 opium wars
About 150 years ago, the British Government produced opium in India to sell to the Chinese. Many Chinese became opium addicts.
In 1840, Britain went to war with China over questions of trade, diplomacy, national dignity and, most importantly, drug trafficking. While British officials tried to play down the illicit origins of the conflict, opponents gave it a name that made the link quite clear: the Opium War.
The war’s settlement forced Chinese ports open and gave Hong Kong to Britain. It began what China calls the “Century of Humiliation,” when foreign powers forced weak Chinese governments to cede territory and sign unequal treaties. Britain and France waged a second Opium War against China from 1856 to 1860.
How I started to invest in the Hong Kong stock market.
In 1984 when China gave notice to the British Government to recover the sovereignty of Hong Kong, the Hong Kong stock market crashed. Hang Seng Index plunged below 1,000 points.
During the Hong Kong stock market crash, I discovered a stock called Hong Realty and Trust (HKRT). The controlling shareholder was a Jew called Wheelock Marden. Just before the crash, the company sold Wheelock House which is a commercial office building located on Pedder Street in Central, Hong Kong. Wheelock House is a Class A 24 storeys office building.
HKRT was selling at HK$ 13.60 before the crash and at HK$ 3.00 during the crash. It had more than HK$ 10 cash per share.
As soon as China gave 50 years extension to the British Government, the stock market shot up like rocket. I could sell HKRT above HK$ 14.00 which I bought at HK$ 3 about 3 months ago.
Within 3 years, I made so much money that I bought 46% of a stock broking company called Kaiser Stock and Share Co Ltd.
Sinopharm reminds me of HKRT. Sinopharm’s sister company produces vaccines which is selling like hot cakes. Sinopharm will have fantastic profit growth prospect.
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
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Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.
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Created by Koon Yew Yin | Oct 04, 2024
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Water pollution is a huge challenge for freshwater in the UK, impacting our rivers, streams, and lakes and the wildlife that call them home.
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KSL announced its total 4 quarter EPS of 42.3 sen and its net tangible asset (NTA) backing of RM3.86. It is selling for less than 50% of its net tangible asset (NTA). KSL is undervalued. Its share...
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In 2012, I wrote my first book “Malaysia: Road Map For Achieving Vision 2020” which was launched by former Financial Minister Tengku Razaleigh.
Most countries now switching to Pfizer, Aztra or Moderna! Sad to say Sinovac has low efficacy!
2021-07-18 13:49
Hop Hing Group Holdings Limited the QSR Group owns the rights to operate the Yoshinoya (吉野家) and Dairy Queen QSR chains in the Northern regions in the PRC, spanning across Beijing and Tianjin municipalities, Hebei, Liaoning, Heilongjiang and Jilin Provinces, and the Inner Mongolia Autonomous Region in the PRC. Yoshinoya is a well-known beef bowl brand with over 100 years' history, while Dairy Queen is a popular ice-cream brand with over 70 years' history.
2021-07-18 13:51
Sinovac produced by Sinovac Biotech listed in Nasdaq, currently suspended. Not by Sinopharma.
2021-07-18 16:00
Wonder whether this uncle does his research properly. Say it again, who produces Sinovac vaccines again? Lol
2021-07-19 08:55
efficacy so low, when moderna az pfizer ramp up production ppl will all get them instead of ccp vaccine
2021-07-19 09:39
What a gross error! Sinopharm Group is never and not the manufacturer of Sinovac vaccine. Hope no body got mislead, just don't simply trust what other people write to protect yourselves.
2021-07-19 10:21
Best to stick to our owned Bursa listed as we likely have less knowledge on foreign stocks than our own local stocks. Just my personal view though.
2021-07-19 10:42
Uncle Koon, Sinopharm and Sinovac(aka coronavac) are 2 separate vaccines produced from inactivated virus developed by China.
CNPGC is the China state-owned company that produces Sinopharm.
Sinovac Biotech Ltd is Beijing based Biotech company listed in Nasdaq that produces Sinovac.
Since Malaysia will soon allow the commercial sale of covid-19 vaccines manufactured by Sinopharm and Sinovac to ramp up inoculation rates, companies like DuoPharma and Kanger(for Sabah), etc. may be approved for vaccine sales.
It is likely Pharmaniaga will cease Sinovac supply to govt's PPVs after the free 12 M doses used up and it can resume selling commercially like the others.
It is also likely that for your future booster dose of vaccine after 1 Sep 2021, the public has to pay for the vaccination through the commercial clinics.
2021-07-19 11:28
Geezer still talking about his past repeatedly. Doesn't he get tired playing the old record again and again?
2021-07-19 12:59
Uncle always reliving the past glory in Hong Kong. Why Uncle doesn’t want to tell his numerous Bursa stories? Good or unprofitable uncle stories must be told to be fair.
2021-07-19 14:12
Uncle , u are giving wrong info. Sinovac not produced by sinopharm. Sinovac no more listed since 2015
2021-07-19 14:29
The original line from the old article (which can be found using Google cache: http://webcache.googleusercontent.com/
"Since I have cashed out from the Malaysian stock market, I have been searching for stocks with good profit growth prospect to buy. I found Sinopharm which produce Sinovac vaccines [HUH??? WTF???]. It is selling at PE 8."
2021-07-19 21:48
So here you are, caught red-handed trying to bluff people. no apology. nothing. just "edit" the article and pretend nothing happened.
What a buffoon.
And constantly rehashing your past to cover the huge mistakes and LOSES in: Jaks, Dayang, Supermax, LeonFB etc etc...
What happened to Dominant, AT Systemisation, Alcom, LBAlum, KPS???
Maybe you need to smoke some of that opium (you love talking about) and forget about ANY stock trading.
____________________________
kelvin61 Geezer still talking about his past repeatedly. Doesn't he get tired playing the old record again and again?
2021-07-19 22:09
Sinopharm produces Sinovac....
No wonder always give Holland tips bringing many waterfish to Holland..
2021-07-20 10:17
https://www.youtube.com/watch?v=AK4Sy4nqeho
Hungary EURO Matches Had Nearly 100% Occupancy Rate! Serbia Was More Daring!
2021-07-20 11:01
the best all know how person has already indicated what is good for the investors. jump immediately to loose your money.
2021-07-20 20:36
KYY again losing money here in Sinopharm! Price non stop sliding since he went in
2021-12-12 19:51
Hafid
What about hop hing group. Also listed in Hong Kong.
2021-07-18 13:38